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October 24, 2025cryptonews logocryptonews

Why Is Crypto Up Today? – October 24, 2025

The crypto market is up today, with the cryptocurrency market capitalization increasing by 1.7%, now standing at $3.85 trillion. 95 of the top 100 coins have appreciated over the past 24 ￰0￱ the same time, the total crypto trading volume is at $156 billion, somewhat lower than what we’ve been seeing over the past few days. TLDR: The crypto market capitalization is up by 1.7% on Friday morning (UTC); 95 of the top 100 coins and 9 of the top 10 coins appreciated today; BTC is up by 1.2% to $111,254, and ETH rose 2.3% to $3,976; Investors await the US CPI index on Friday, which may suggest market direction; BTC’s recent fluctuations are ‘a distraction from its long-term trajectory’; ’Combined macro uncertainty and tightening dollar liquidity are driving a rise in short-term risk aversion, increasing volatility potential’; US BTC spot ETFs saw $20.33 million in inflows on Thursday, while ETH ETFs saw $127.51 million in outflows; ’Institutions holding BTC want to put their assets to work’; Crypto market sentiment rose very slightly within the fear ￰1￱ Winners & Losers At the time of writing, 9 of the top 10 coins per market capitalization have seen their prices increase over the past 24 ￰2￱ (BTC) increased by 1.2% since this time yesterday, currently trading at $111,254.

Bitcoin (BTC) 24h 7d 30d 1y All time Ethereum (ETH) is up by 2.3%, now changing hands at $3,976. The highest rise in the category is 3.2% by Solana (SOL) , now trading at $192. Binance Coin (BNB) is next up, having appreciated 2.7% to $1,135. The only red coin is Tron (TRX) .

It is currently down 2.8%, now standing at $0.3135. Looking at the top 100 coins, 80 are ￰3￱ these, 3 recorded double-digit ￰4￱ AI (COAI) appreciated the most again: 47.3% to $20.32. It’s followed by Aster (ASTER) and World Liberty Financial (WLFI) , which are up by 12.9% and 12.1% to $1.14 and $0.1425, ￰5￱ the other hand, Tron fell the most, followed by HTX DAO (HTX)’s 1.6% fall and Flare (FLR)’s 1.5%. Traders and investors are very cautious at the moment.

Currently, they’re waiting for further economic and geopolitical signals on the market direction. Notably, many are waiting for the US consumer price index report , which is set to come out today, after being delayed from 15 October. Meanwhile, the US president pardoned Changpeng Zhao , the convicted founder of crypto exchange Binance , after months of Zhao’s efforts to boost the president’s family’s crypto ￰6￱ Elizabeth Warren warned that “the convergence of Mr Zhao’s pardon application and Binance’s financial entanglements with the President’s family presents urgent concerns regarding the integrity of our justice system.” Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and ￰7￱ do everything we can to help make America the Capital of Crypto and advance web3 worldwide.

(Still in flight, more posts to come.)… — CZ BNB (@cz_binance) October 23, 2025 ‘Increasing Volatility Potential’ Bitunix analysts commented that liquidation heatmaps in the crypto market show a dense BTC liquidation cluster above $114,000. There is a strong buy-side support concentrated in the $105,000–$106,000 range. “Combined macro uncertainty and tightening dollar liquidity are driving a rise in short-term risk aversion, increasing volatility potential,” the analysts say. Additionally, the US Federal Reserve’s “data blackout underscores a decline in policy transparency and a distortion of market ￰8￱ official data becomes unreliable, capital increasingly turns to real-time market pricing as the ‘only credible indicator’.” “This shift, paradoxically, strengthens crypto markets’ relative advantage in liquidity-based price ￰9￱ the long term, data sovereignty and informational transparency are poised to become the new frontiers in monetary trust,” the analysts ￰10￱ days of sustained below-neutral funding after the largest OI flush the market has ever ￰11￱ is down bad, people are capitulating all over the ￰12￱ is the max opportunity zone for alts ￰13￱ — AntiFragile (@0x_anti) October 23, 2025 Moreover, Dom Harz, Co-Founder of BOB , argued that Bitcoin’s recent fluctuations are “merely a distraction from its long-term trajectory.” The price has been moving around $109,000, and net Bitcoin ETF inflows rose past $470 million, which highlights “strong institutional confidence in the digital asset.” At the moment, “we are witnessing Bitcoin transition from a fringe asset to one that is rooted in the global financial system, and technical progress within Bitcoin DeFi is moving in step,” Harz says.

Moreover, “as mainstream adoption accelerates Bitcoin’s integration as a core component of the global financial system, institutions holding BTC want to put their assets to work, and that’s where Bitcoin DeFi comes in,” he adds. “The foundations being built today, including hybrid chains like BOB, are transforming Bitcoin from a static asset into a programmable financial infrastructure, fit for institutions.” Levels & Events to Watch Next At the time of writing on Friday morning, BTC trades at $111,254. Earlier in the day, BTC climbed from the intraday low of $108,872 to $111,295. However, it then dropped back to the $109,000 level.

Nonetheless, it has subsequently increased to the day’s high of $111,481. It has turned green in the 7-day period, now being up by 4.1%. If BTC breaks above $111,750, it could move toward $115,900 and $120,000. This would result in a confirmed renewed bullish momentum.

However, if it closes below $107,350, the coin could drop further to $104,500 and $101,100. Bitcoin Price Chart.) 24h 7d 30d 1y All time Meanwhile, the crypto market sentiment has risen slightly within the fear ￰14￱ crypto fear and greed index increased from 28 to 32 ￰15￱ is another factor that highlights rising apprehension among market ￰16￱ current level may result in panic ￰17￱ noted in previous articles, hodlers may utilize the opportunity of crashing prices to accumulate more ￰18￱ See a Mixed Day Following a day of outflows, the US BTC spot exchange-traded funds (ETFs) recorded $20.33 million in inflows on ￰19￱ total net inflow now stands at $61.89 ￰20￱ the 12 ETFs, four recorded inflows, and two saw ￰21￱ the top of the green list is BlackRock with $107.78 million, followed by Bitwise’s $17.41 ￰22￱ highest outflow is Grayscale’s $60.49 million, closely followed by Ark&21Shares’ $55.02 million.

However, the US ETH ETFs saw a second day of outflows in a row on 23 October, with $127.51 ￰23￱ total net inflow now stands at $14.45 ￰24￱ of the nine finds saw negative flows, while there were no ￰25￱ let go of $77.04 million, and BlackRock released $23.35 million. Meanwhile, Fidelity has added Solana trading to its suite of crypto products to give access to both institutional and retail ￰26￱ of Solana, Solmate Infrastructure , a Cathie Wood-backed Solana-focused digital asset treasury, saw its shares jump by nearly 50% on ￰27￱ came after it announced plans for a major mergers and acquisitions strategy and confirmed additional SOL purchases at discounted market ￰28￱ investors in ￰29￱ now purchase SOL in their @Fidelity brokerage account Some screenshots from my account NFA ￰30￱ — Nick Ducoff (@nickducoff) October 23, 2025 Quick FAQ Why did crypto move with stocks today?

The crypto market has increased over the past day, and the stock market saw a rise during work hours on ￰31￱ the closing time on 23 October, the S&P 500 was up by 0.58%, the Nasdaq-100 increased by 0.88%, and the Dow Jones Industrial Average rose by 0.31%. The investors were absorbing the latest batch of earnings reports coming from the US, as well as the US-China news that Washington may curb software exports to China and that the two presidents may ￰32￱ this rally sustainable? The current increases are minor and in danger of shifting back to ￰33￱ rally may not be situated firmly as the basis for a significant leg up – at least not ￰34￱ analysts do expect it to happen in the near ￰35￱ may also like: (LIVE) Crypto News Today: Latest Updates for October 24, 2025 Nevada regulators issued a cease-and-desist order dated October 22 against crypto custodian Fortress Trust, now known as Elemental Financial Technologies Inc., citing the firm as on the verge of insolvency with a liquidity position "wholly inadequate to meet customer obligations." According to Bloomberg, the state's Financial Institutions Division found Fortress owes clients more than $8 million in fiat currency and $4 million in crypto at current prices, while holding less than $200,000...

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